Research found low engagement levels with health benefit programs, and one problem it identifies is employees are often required to access multiple disparate systems to learn about and access their full range of health benefits.
The court found as a fiduciary to the ESOP, Evolve Bank failed to notice, question or investigate several red flags that appeared in the appraisal of the stock that was used to set the share price for a 2010 purchase.
The IRS says that, as published, its Notice of Proposed Rulemaking (NPRM) contains errors which may prove to be misleading and need to be clarified.
As with legislation introduced previously, employers without retirement plans would be required to automatically enroll employees into an IRA at a 3% default deferral rate.
A Revenue Ruling addresses whether an individual’s failure to cash a distribution check received alters the employer’s obligations with respect to withholdings and reporting under the Internal Revenue Code.
Courts should “recognize that Congress and the SEC have already made a judgment about when a public disclosure would do more harm than good, and prudent fiduciaries should generally not second-guess that judgment,” an amicus curiae brief states.
A report suggests the move to self-fund health benefits, especially among small employers, is reversing, but other data doesn’t, and sources say self-funding can still be a good choice.
PLANSPONSOR NewsDash readers share the number of jobs they’ve had since finishing their education, and some share why.
Cantor Fitzgerald & Co. and BMO Capital Markets Corporation will pay to settle charges of improper handling of "pre-released" American Depositary Receipts (ADRs).
Employees that do not get good primary care drive up employer health costs, so a former hospital administrator started a marketplace to help employers encourage primary care use.
AndCo names new senior consultant; Private equity director joins Hirtle Callaghan; Empower Retirement selects chief product officer; and more.
The offering "highlights a plan’s strengths, points out opportunities to make improvements and enables sponsors to take action within the application to make those changes," Kristin Andreski, with ADP, tells PLANSPONSOR.
Northern Trust enhances securities lending offering; Global X adds ETF suite to Model Market Center; and Cohen & Steers makes changes to REIT mutual fund.
Retirement industry sources, during a webcast, discussed ways to strengthen national retirement policy.
